CPC FY2019 budget vs. current law (percentage of GDP)

Total
Actual, 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2019–2023 2019–2028
Revenues
Individual income taxes 0 0.00% 1.23% 1.64% 1.64% 1.64% 1.64% 1.64% 1.64% 1.64% 1.64% 1.64% 1.57% 1.61%
Payroll taxes 0 0.00% 0.14% 0.19% 0.19% 0.19% 0.19% 0.20% 0.20% 0.19% 0.19% 0.19% 0.18% 0.19%
Corporate income taxes 0 0.00% 0.68% 0.90% 0.91% 0.91% 0.90% 0.91% 0.91% 0.90% 0.90% 0.91% 0.86% 0.89%
Other 0 0.00% 1.25% 1.67% 1.67% 1.67% 1.67% 1.67% 1.67% 1.67% 1.67% 1.67% 1.59% 1.63%
Total 0 0.00% 3.30% 4.41% 4.41% 4.41% 4.41% 4.41% 4.41% 4.41% 4.41% 4.41% 4.20% 4.31%
On-budget 0 0.00% 3.16% 4.21% 4.21% 4.21% 4.21% 4.21% 4.21% 4.21% 4.21% 4.21% 4.02% 4.12%
Off-budgeta 0 0.00% 0.14% 0.19% 0.19% 0.19% 0.19% 0.19% 0.20% 0.19% 0.19% 0.19% 0.18% 0.19%
Outlays
Mandatory 0 0.43% 2.39% 1.90% 1.97% 1.75% 1.78% 1.71% 1.75% 1.78% 1.85% 1.80% 1.95% 1.86%
Discretionary 0 0.13% -0.52% -0.25% -0.05% 0.07% 0.17% 0.23% 0.26% 0.27% 0.28% 0.29% -0.10% 0.10%
Net interest 0 0.01% 0.00% -0.08% -0.18% -0.28% -0.36% -0.42% -0.48% -0.54% -0.61% -0.68% -0.19% -0.39%
Total 0 0.56% 1.86% 1.58% 1.73% 1.54% 1.58% 1.53% 1.53% 1.51% 1.52% 1.41% 1.65% 1.57%
On-budget 0 0.56% 1.86% 1.58% 1.73% 1.54% 1.58% 1.52% 1.53% 1.50% 1.51% 1.40% 1.65% 1.56%
Off-budgeta 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.01% 0.01% 0.01% 0.00% 0.01%
Deficit (-) or surplus 0 -0.56% 1.45% 2.83% 2.67% 2.87% 2.82% 2.88% 2.87% 2.89% 2.89% 3.00% 2.55% 2.74%
On-budget 0 -0.56% 1.30% 2.64% 2.48% 2.67% 2.63% 2.69% 2.68% 2.71% 2.70% 2.82% 2.37% 2.56%
Off-budgeta 0 0.00% 0.14% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.18% 0.18% 0.18% 0.18% 0.18%
Debt held by the public 0 0.56% -0.91% -3.71% -6.24% -8.89% -11.38% -13.83% -16.18% -18.48% -20.67% -22.89% n.a. n.a.
Memorandum (debt held by the public as a share of GDP)
CPC 76.47% 78.54% 78.30% 77.09% 76.69% 76.66% 76.38% 75.69% 75.22% 74.56% 73.68% 73.21% n.a. n.a.
Current law 76.47% 77.98% 79.21% 80.80% 82.94% 85.55% 87.76% 89.53% 91.41% 93.04% 94.35% 96.11% n.a. n.a.

a. The revenues and outlays of the Social Security trust funds and the net cash flow of the Postal Service are classified as off-budget.

Note: Figures are for fiscal years.

View the underlying data on epi.org.